We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

Quote by John Kenneth Galbraith

Topics: Money Quotes

Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.

There is an insistent tendency among serious social scientists to think of any institution which...

There is an insistent tendency among serious social scientists to think of any institution which...

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

Few people at the beginning of the nineteenth century needed an adman to tell them...

Few people at the beginning of the nineteenth century needed an adman to tell them...

The enemy of the conventional wisdom is not ideas but the march of events.

The enemy of the conventional wisdom is not ideas but the march of events.

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

When people put their ballots in the boxes, they are, by that act, inoculated against...

When people put their ballots in the boxes, they are, by that act, inoculated against...

There is something wonderful in seeing a wrong-headed majority assailed by truth.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

In any great organization it is far, far safer to be wrong with the majority...

In any great organization it is far, far safer to be wrong with the majority...

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or...

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or...

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

What is called a high standard of living consists, in considerable measure, in arrangements for...

What is called a high standard of living consists, in considerable measure, in arrangements for...

By all but the pathologically romantic, it is now recognized that this is not the...

By all but the pathologically romantic, it is now recognized that this is not the...

Youth lives on hope, old age on remembrance

Youth lives on hope, old age on remembrance

In every country and every age, the priest had been hostile to Liberty.

In every country and every age, the priest had been hostile to Liberty.